Richardson Capital Management LLC Sells 2,822 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Richardson Capital Management LLC reduced its position in iShares Global Tech ETF (NYSEARCA:IXN) by 77.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 827 shares of the company’s stock after selling 2,822 shares during the quarter. Richardson Capital Management LLC’s holdings in iShares Global Tech ETF were worth $68,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC raised its stake in iShares Global Tech ETF by 7.2% during the second quarter. LPL Financial LLC now owns 853,034 shares of the company’s stock valued at $70,648,000 after purchasing an additional 57,529 shares in the last quarter. Patten & Patten Inc. TN lifted its position in iShares Global Tech ETF by 1.3% during the third quarter. Patten & Patten Inc. TN now owns 465,504 shares of the company’s stock valued at $38,418,000 after purchasing an additional 5,808 shares during the last quarter. International Assets Investment Management LLC lifted its position in iShares Global Tech ETF by 9,022.6% during the third quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after purchasing an additional 354,499 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in iShares Global Tech ETF by 1.3% during the second quarter. Commonwealth Equity Services LLC now owns 326,448 shares of the company’s stock valued at $27,036,000 after purchasing an additional 4,104 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in iShares Global Tech ETF by 1.1% during the second quarter. Parallel Advisors LLC now owns 257,711 shares of the company’s stock valued at $21,344,000 after purchasing an additional 2,688 shares during the last quarter.

iShares Global Tech ETF Stock Up 0.0 %

IXN stock opened at $84.02 on Wednesday. iShares Global Tech ETF has a 52 week low of $62.66 and a 52 week high of $88.10. The company has a fifty day simple moving average of $81.70 and a two-hundred day simple moving average of $80.32. The firm has a market capitalization of $5.01 billion, a P/E ratio of 34.17 and a beta of 1.37.

iShares Global Tech ETF Company Profile

iShares Global Tech ETF (the Fund), formerly iShares S&P Global Technology Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Information Technology Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the information technology sector of the economy.